MAR Earnings Prediction
The chart below shows how MAR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MAR sees a +0.48% change in stock price 10 days leading up to the earnings, and a +1.72% change 10 days following the report. On the earnings day itself, the stock moves by -1.04%. This data can give you a slight idea of what to expect for the next quarter's release.
MAR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.73B
2.86%
5.31%
Gross Margin
78.90%
0.09%
-0.05%
Operating Margin
46.61%
7.67%
-19.89%
Net Margin
26.38%
-47.83%
-26.00%
EPS
1.62
-43.55%
-21.74%
No Data Available
MAR Earnings Analysis
Marriott International Inc Corporation (MAR.O) Earnings Conference Call
Positive
Room Growth and RevPAR Increase: For the full year, Marriott achieved net rooms growth of 6.8% and global RevPAR rose over 4%.
RevPAR and Occupancy Growth: Fourth quarter worldwide RevPAR increased 5%, with ADR rising 3% and occupancy increasing over one percentage point.
International RevPAR Increase: International RevPAR rose over 7% in the fourth quarter, driven by a 4% rise in ADR and a two percentage point gain in occupancy.
Leisure RevPAR Growth: Fourth quarter leisure RevPAR rose 6% globally, driven by gains in both room nights and ADR across all tiers from luxury to select service.
Gross Fee Revenue Growth: Fourth quarter total gross fee revenues grew 7% to $1.3 billion, primarily due to higher RevPAR and a 13% increase in credit card fees.
Negative
Decline in Incentive Management Fees: Incentive management fees (IMFs) decreased year over year, particularly in Greater China and the U.S. and Canada, with a notable decline attributed to lower fees in Maui, impacting overall revenue.
Global RevPAR Growth Outlook: Global RevPAR growth for 2025 is expected to be only 2% to 4%, indicating a slowdown compared to previous years, with Greater China anticipated to remain flat year over year.
Residential Branding Fee Decline: Residential branding fees are projected to decline nearly 50% due to timing of unit sales, significantly impacting overall fee growth expectations for the upcoming year.
Revenue Decline Forecast: First quarter owned, leased, and other revenues are expected to decline year over year to around $55 million, primarily due to renovations at owned hotels, indicating potential short-term revenue challenges.
FX Impact on Gross Fees: Foreign exchange (FX) is expected to negatively impact gross fees by approximately $25 million, adding to the headwinds faced in revenue generation.
MAR FAQs
How does MAR typically perform around its earnings report dates?
Is Marriott International Inc (MAR) Q4 2024 Earnings Call Summary positive or negative?
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MAR Earning Call Sentiment
Earnings call transcript: Marriott Q4 2024 earnings beat estimates
MAR.O
0.02%Positive
The earnings call summary indicates strong financial performance, with increased margins, RevPAR growth, and significant cash returns to shareholders. The Q&A highlights management's confidence in cost transformation and strategic investments, despite some uncertainties. The anticipated growth in adjusted EBITDA and gross fees further supports a positive outlook. However, concerns about FX impacts and unclear timelines for asset sales slightly temper the sentiment.
